U.S. homebuilders are gearing up for a sharp rise in demand this spring as Americans become more confident about keeping their jobs.» Read More
Stocks declined after a report showed consumer sentiment fell to its lowest level in 28 years. The market had opened with some optimism after a jump in housing starts, but the souring of consumer sentiment, and a jump in oil above $!27 a barrel, curbed gains.
Not so fast, Cramer says. Plus his thoughts on American Superconductor, UBS and more.
Freddie Mac's earnings may hold the answer, Cramer says.
If it worked for President Gerald Ford in 1975, it could work now.
Others in the oil sector would do well to imitate this strategy, Cramer says.
Toll Brothers, the largest U.S. luxury home builder, said on Tuesday it expects to report a 30 percent drop in home-building revenue for the quarter ended April 30.
Stronger retail sales than expected (ex-auto up 0.5 percent, the best showing since November) has caused an 8-point pop in futures. Elsewhere: 1) Hewlett-Packard's $12.6 b deal for Electronic Data systems ($25.00 a share) is a direct challenge to IBM.
Stocks declined as the market pendelum swung back the other way, sending oil prices to a new high and early cyclicals such as financials and retail lower. Yahoo plunged.
Stocks declined, with General Motors dragging on the Dow amid news of another strike and Yahoo weighing on technology stocks.
A bill designed to help American homeowners in danger of foreclosure also provides billions in tax breaks to unrelated or partially related industries, including automakers, airlines, alternative energy producers and other struggling industries.
Not all homebuilders are big corporate risk takers who got what was coming to them -- it'sthe small-business builders who are the real victims. Also, plays on Wal-Mart, Carnival and more.
Why's Congress handing money to homebuilders that homeowners should get?
Homebuilder DR Horton tried to kill two birds with one stone this past weekend: unloading inventory and cleaning up the image of the housing market -- at least in a few towns in Southern California. The company held a first-come, first-served “Un-Auction."
Stocks rallied Monday after JPMorgan Chase raised its offer for Bear Stearns and a report on home sales came in better than expected.
Stocks rallied into the new week after JPMorgan Chase raised its offer for Bear Stearns and a report on home sales came in better than expected.
Is the "last great trade" of this cycle over? In the third quarter, the trade that worked was "short financials, go long tech." Then in the first quarter, the trade was "short the dollar, go long commodities," and "short stocks, go long bonds."
U.S. stock index futures pointed to a mixed open for Wall Street after the Easter break, with investors still nervous about the state of the economy.
I’m working on a story for TV today about which builders are in the deepest doo-doo after the Commerce Dept. reports single family permits down 6.2 percent in January. Permits are down 30 percent since the August credit freeze and down 57 percent from their peak in September of 2005.
Homebuilder stocks have staged a remarkable turnaround in 2008, despite a torrent of bad news, but the share prices of many are still closer to the floor than the roof.
Stocks declined Thursday after Federal Reserve Chairman Ben Bernanke said bank failures are likely as the housing crisis takes its toll, and a pair of economic reports came in weaker than expected.